This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
4-bedroom, 2-bathroom apartment of 150 m² on the 1st floor, built in 1988, energy rating D. Located Portimão parish, Portimão municipality, Faro district. This property boasts two balconies and a sunroom, offering versatile outdoor spaces ideal for relaxation and entertaining.
The valuation. The asking price of €365,000 is slightly below the fair value of €371,429, representing a mere 1.7% variance. This indicates a solid opportunity without significant overpricing concerns.
Fair value modelled at €371,429 from 5 comparable sales in the area. Asking €365,000 sits €6,429 (1.7%) below — the upside to fair value.
Asking €365,000 versus the Portimão, Portimão, Faro area baseline of €318,308 (€2,122/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €318,308, adjusted for condition and micro-location, gives a modelled fair value of €371,429 (€2,476/m²), a €6,429 (1.7%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 3a710f | Subject | €365,000 | €2,433 | — | 73 | 69 |
| Portimão · 1441c5 | Active | €379,500 | €2,875 | 18.2% | 74 | 69 |
| Portimão · f10c90 | Active | €440,000 | €2,280 | 6.3% | 70 | 70 |
| rua das Oliveiras, 52 | Active | €312,000 | €2,476 | 1.8% | 72 | 72 |
| Portimão · 190801 | Active | €385,000 | €2,567 | 5.5% | 70 | 69 |
| Median comp | €382,250 | €2,522 | 3.6% | 71 | 70 |
Short-term vacation rental The property in Portimão, though currently at a fair listing price of €365,000 against a fair value of €371,429, can expect steady demand due to its proximity to the Algarve tourist region. However, with a gross yield of only 3.9%, its profitability potential for short-term rentals remains moderate under current market conditions. Buy-and-hold Holding this property as an investment reflects a reasonable proposition given the fair valuation, but the low yield of 3.9% signals limited return on investment in the long run. Given the neighborhood's score of 69/100, it may struggle to significantly appreciate in value compared to other investment options in more desirable areas. Long-term rental With a current yield of 3.9%, the long-term rental strategy on this property may generate a stable income, albeit not particularly high, indicating it may appeal more to budget-conscious tenants. The property’s fair valuation and adequate neighborhood condition suggest it should remain tenable for long-term rental, but only to a certain extent due to its overall average ratings. Not ideal for: This property is not suitable for student housing or luxury market investments given the neighborhood score and overall condition, both of which do not align with higher-end tenant expectations. Additionally, the property is also ill-suited for industrial development due to its residential classification and neighborhood dynamics.
Tenant turnover risk: With a tenant stability score of 68/100, there is a moderately elevated risk of tenant turnover, potentially impacting cash flow and occupancy rates.
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